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Current Affairs Quiz - 18 September 2023


6. What is the primary goal of the 'Sarpanch Samvad' app?

A. To promote online gaming

B. To facilitate communication among village headmen

C. To provide weather updates

D. To connect farmers with buyers

Discuss Work Space

Answer: option b

Explanation:

The 'Sarpanch Samvad' app aims to facilitate communication among village headmen (Sarpanchs).

7. How much Central Bank Digital Currency (CBDC) circulation was reported for E-rupee as of March 2023 in India?

A. ₹1.39 crore

B. ₹5.70 crore

C. ₹10.69 crore

D. ₹16.39 crore

Discuss Work Space

Answer: option d

Explanation:

As of March 2023, the circulation of India's Central Bank Digital Currency (CBDC), the E-rupee, was ₹16.39 crore.

8. Which bank has launched the 'IB SAATHI' initiative to enhance financial inclusion services?

A. State Bank of India

B. HDFC Bank

C. Indian Bank

D. Punjab National Bank

Discuss Work Space

Answer: option c

Explanation:

Indian Bank has launched the 'IB SAATHI' (Sustainable Access and Aligning Technology for Holistic Inclusion) initiative to enhance financial inclusion services.

9. How many BCs (Business Correspondents) does Indian Bank plan to deploy by March 2024 as part of its financial inclusion efforts?

A. 1,000

B. 5,000

C. 10,000

D. 15,000

Discuss Work Space

Answer: option d

Explanation:

Indian Bank plans to deploy over 15,000 new Business Correspondents (BCs) by March 2024 to enhance its financial inclusion efforts.

10. Small Industries Development Bank of India (SIDBI) plans to raise Rs 10,000 crore through a rights issue for what purpose?

A. Expanding its equity capital

B. Launching a new digital payment system

C. Funding startups

D. Expanding its branch network

Discuss Work Space

Answer: option a

Explanation:

SIDBI plans to raise Rs 10,000 crore through a rights issue to expand its equity capital.


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